Word: scrapping
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...wooden but plucky CEO of GM, Rick Wagoner, told the press that if his company is allowed to go into Chapter 11, it will end up being a simple liquidation. GM will be torn into pieces and sold off as scrap. He made one good point to support his point of view. If a bankruptcy of the No. 1 U.S. car company drags on for several months, potential auto buyers will purchase vehicles from competitors that they view as being "safe". No one wants to buy a car that won't be serviced. Wagoner has made this point before...
...Maybe so, but the question that Wyden and Cooper's plan raises is whether either side is really willing to completely scrap the current system, under which most people get coverage from their employers. That arrangement is more a historical accident than an efficient design, a legacy of World War II-era wage and price controls, when companies began offering health insurance as a way of attracting skilled workers. Over the years, however, much has changed. Few workers spend their entire careers working for one company anymore, and businesses are staggering under the burden of health-care costs, which have...
...British carmakers and banks gathered to kick-start the distribution of the loan guarantees. With car registrations forecast to slide 20% in Britain this year, the government will be hoping that it can still save its auto factories, and the jobs that go along with them, from the scrap heap...
...However, Italians don’t just tear things down without a plan. We build them up, so they can lean over due to soil erosion. We have substantive ideas, and we were humble enough to scrap those that only honored our culture: Vespas, the Pope, “The Lizzie McGuire Movie,” Rocky Marciano/Rocky of “Rocky” fame, and Chef Boyardee. Even after discarding those, we have some great ideas that will represent Harvard much better than the Orange reactionary we currently have...
...flair for the macabre - in one scene, a man who has been tortured by Red Guards commits suicide by driving a nail through his skull - but there's humor in between the horror. Having made a fortune trading scrap, Baldy decides to launch a contest to find the country's most beautiful virgin. The "Inaugural National Virgin Beauty Competition" is a punchy spoof of the Beijing Olympics, complete with salivating sponsors, a city leveled and rebuilt for out-of-town guests and a contestant who wins by sleeping with the judges. Portraits of contemporary China are rarely sharper or more...